Invitation to our General Meeting 2023

Performance

PERFORMANCE

FINANCIAL PERFORMANCE 2022

KEY FIGURES
(in millions of euros) FY 2021 FY 2022 2022/2021
published change
2022/2021
comparable change(a)
Total Revenue Total RevenueFY 202123,335 Total RevenueFY 202229,934 Total Revenue2022/2021
published change
+28.3%
Total Revenue2022/2021
comparable change(a)
+7.0%
Of which Gas & Services Of which Gas & ServicesFY 202122,267 Of which Gas & ServicesFY 202228,573 Of which Gas & Services2022/2021
published change
+28.3%
Of which Gas & Services2022/2021
comparable change(a)
+6.1%
Operating Income Recurring (OIR)

Operating Income Recurring (OIR)

FY 2021

4,160

Operating Income Recurring (OIR)

FY 2022

4,862

Operating Income Recurring (OIR)

2022/2021
published change

+16.9%

Operating Income Recurring (OIR)

2022/2021
comparable change(a)

+10.5%

Group OIR Margin

Group OIR Margin

FY 2021

17.8%

Group OIR Margin

FY 2022

16.2%

Group OIR Margin

2022/2021
published change

-160 bps

Group OIR Margin

2022/2021
comparable change(a)

 

Variation excluding energy Variation excluding energyFY 2021

 

Variation excluding energyFY 2022

 

Variation excluding energy2022/2021
published change
+70 bps
Variation excluding energy2022/2021
comparable change(a)

 

Other Non‑Recurring Operating Income and Expenses

Other Non‑Recurring Operating Income and Expenses

FY 2021

(151)

Other Non‑Recurring Operating Income and Expenses

FY 2022

(571)

Other Non‑Recurring Operating Income and Expenses

2022/2021
published change

 

Other Non‑Recurring Operating Income and Expenses

2022/2021
comparable change(a)

 

Net Profit (Group share)

Net Profit (Group share)

FY 2021

2,572

Net Profit (Group share)

FY 2022

2,759

Net Profit (Group share)

2022/2021
published change

+7.3%

Net Profit (Group share)

2022/2021
comparable change(a)

 

Net Profit Recurring (Group share) (b)

Net Profit Recurring (Group share) 

(b)
FY 2021

2,572

Net Profit Recurring (Group share) 

(b)
FY 2022

3,162

Net Profit Recurring (Group share) 

(b)
2022/2021
published change

+22.9%

Net Profit Recurring (Group share) 

(b)
2022/2021
comparable change(a)

 

Variation Net Profit Recurring (Group share) excluding currency impact (b) Variation Net Profit Recurring (Group share) excluding currency impact (b)FY 2021

 

Variation Net Profit Recurring (Group share) excluding currency impact (b)FY 2022

 

Variation Net Profit Recurring (Group share) excluding currency impact (b)2022/2021
published change
+17.3%
Variation Net Profit Recurring (Group share) excluding currency impact (b)2022/2021
comparable change(a)

 

Earnings per share (in euros) Earnings per share (in euros)FY 20214.94 (d) Earnings per share (in euros)FY 20225.28 Earnings per share (in euros)2022/2021
published change
+7.0%
Earnings per share (in euros)2022/2021
comparable change(a)

 

Net Dividend per share (in euros) Net Dividend per share (in euros)FY 20212.63 (c) Net Dividend per share (in euros)FY 20222.95 (d) Net Dividend per share (in euros)2022/2021
published change
+12.2%
Net Dividend per share (in euros)2022/2021
comparable change(a)

 

Cash flow from operating activities before changes in net working capital

Cash flow from operating activities before changes in net working capital

FY 2021

5,292

Cash flow from operating activities before changes in net working capital

FY 2022

6,255

Cash flow from operating activities before changes in net working capital

2022/2021
published change

+18.2%

Cash flow from operating activities before changes in net working capital

2022/2021
comparable change(a)

 

Net Capital Expenditure (e)

Net Capital Expenditure 

(e)
FY 2021

3,388

Net Capital Expenditure 

(e)
FY 2022

3,246

Net Capital Expenditure 

(e)
2022/2021
published change

 

Net Capital Expenditure 

(e)
2022/2021
comparable change(a)

 

Net Debt

Net Debt

FY 2021

€10.4 bn

Net Debt

FY 2022

€10.3 bn

Net Debt

2022/2021
published change

 

Net Debt

2022/2021
comparable change(a)

 

Net Debt to Equity ratio

Net Debt to Equity ratio

FY 2021

47.5%

Net Debt to Equity ratio

FY 2022

41.8%

Net Debt to Equity ratio

2022/2021
published change

 

Net Debt to Equity ratio

2022/2021
comparable change(a)

 

Return on Capital Employed – ROCE

Return on Capital Employed – ROCE

FY 2021

9.3%

Return on Capital Employed – ROCE

FY 2022

9.1%

Return on Capital Employed – ROCE

2022/2021
published change

-20 bps

Return on Capital Employed – ROCE

2022/2021
comparable change(a)

 

RECURRING ROCE (f) RECURRING ROCE (f)FY 20219.3% RECURRING ROCE (f)FY 202210.3% RECURRING ROCE (f)2022/2021
published change
+100 bps
RECURRING ROCE (f)2022/2021
comparable change(a)

 

  1. Change excluding the currency, energy (natural gas and electricity) and significant scope impacts.
  2. Excluding exceptional and significant transactions that have no impact on the operating income recurring.
  3. Restated to take into account the June 8, 2022 free share attribution.
  4. Dividend proposed to Shareholders for the fiscal year 2022.
  5. Including transactions with minority shareholders and dividends received from equity affiliates.
  6. Return on Capital Employed based on the recurring net profit.